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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play? -- Ignore unavailable to you. Want to Upgrade?

To: Linda Kaplan who wrote (2923)	11/30/1998 9:58:00 AM
From: Linda Kaplan	Read Replies (1) \| Respond to of 3431

Headline: Glenayre and Motorola Asian Paging Symposium Reveals Strong Potential in Advanced and Two-way Paging ====================================================================== CHARLOTTE, N.C., Nov. 30 /PRNewswire/ -- The outlook for advanced and two-way paging in Asia is a healthy one measured by the success of an international paging symposium jointly organized by Glenayre and Motorola. More than 300 senior representatives from paging operators in eight Asian countries attended the ReFLEX Technology Symposium '98 to exchange information on the latest ReFLEX technology and applications, network migration strategies and market findings on two-way paging. The symposium took place over the past few weeks, beginning in Beijing and then travelling to Taipei before concluding in Bangkok, Thailand. "There was an extremely positive response from attendees who expressed great interest in the applications and efficiencies ReFLEX technology enables, as well as the best strategies to migrate their networks," said Lee Ellison, Glenayre's senior vice president of sales and marketing, worldwide paging operations. "The symposium gave us the opportunity to present the technical and business strategies Asia's paging operators can employ to offer advanced messaging services and applications." "With more than ninety million paging subscribers, Asia represents a huge potential market for advanced ReFLEX protocol-based messaging," said Motorola's Fernando Gomez, vice president and general manager, paging products group east. "In fact, by the end of next year, The Strategis Group predicts that more than 26 million pagers will be sold in China, India, South Korea, Taiwan and Thailand alone," Gomez continued. "We are encouraged by the high level of interest in two-way paging expressed by the symposium delegates for the launch of ReFLEX protocol-based based services in Asia during the next couple of years," Gomez concluded. Representatives from PageNet, SkyTel and PCIA were also present to communicate the advantages and benefits of advanced paging. Delegates from China, Taiwan, Thailand, Singapore, the Philippines, India, New Zealand, Australia, Canada and the USA attended the symposium. ReFLEX technology offers cost-efficient use of frequencies and makes new value-added services possible: e-mail, fax, electronic commerce, Web information, vehicle location and information services. Motorola is a global leader in advanced electronic systems and services. It creates software-driven products that provide integrated customer solutions and Internet access via wireless and satellite communications, as well as computing, networking and automotive electronics. Motorola also liberates the power of technology by providing essential digital building blocks in the form of embedded semiconductors, controls and systems. Sales in 1997 were $29.8 billion. For over 30 years, Glenayre Technologies Inc. (NASDAQ:GEMS) has been developing leading edge personal telecommunication systems. Supplying products for both one and two-way paging networks, Glenayre also offers the industry's premiere migration solution from one-way systems to two-way functionality. With over 2,000 employees and with products installed in over 100 countries, Glenayre's net sales exceeded $451 million in 1997. Additional information about Glenayre is available at: glenayre.com. SOURCE Glenayre Technologies Inc. -0- 11/30/98 /CONTACT: Darren Ballegeer, Glenayre Technologies Inc., 604-293-5252, or dballege@glenayre.com; or Jan Goebel, Optimum Public Relations, 703-847-0211, or jgoebel@cossette.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 111723/ /Web site: glenayre.com